
May 3rd, 2025
Gensler said that the SEC would need to work with token issuers and trading platforms to regulate the industry.
Elon Musk tagged the official Twitter handle of the US SEC to call their attention to the investigation suggestion.
Gensler said the SEC needs to work together with token issuers and trading platforms to regulate the industry.
Over the last two years, the company has invested over $500 million dollars into Celsius Mining to make crypto mining its other revenue-generating stream.
Binance became the largest cryptocurrency exchange due in part to its high trading volume, and the delisting of LUNA may be a move that may be considered by other prominent trading platforms.
Twitter’s declines show that investors are worried about the deal with Musk despite the fact that the Board has approved the sale.
Grayscale Investments stated in its SEC meeting report that GBTC has expanded to accommodate more than 865,000 investors.
The SEC deciding to probe the Didi IPO is another regulatory problem for the company, added to cybersecurity investigations back in China.
The SEC said that the step toward team expansion will help them build greater vigilance over other emerging crypto verticals such as DeFi, NFTs, stablecoins, etc.
The CFTC is looking to discuss and decide on a direct clearing proposal from FTX.US. However, the CME wants to be part of the decision.
Meanwhile, Grayscale continues to battle with the Securities and Exchange Commission (SEC) back on its home front.
About a week ago, Musk submitted a filing with the SEC that shows that the Tesla CEO has secured $46.5 billion in debt and equity financing to support a potential Twitter takeover bid.
Grayscale lawyers are putting extra pressure on the US SEC for approving the spot Bitcoin ETF under the Securities Exchange Act of 1933.
The TON Foundation has secured a massive $1 billion in donations from users with some big investors contributing a majority on their part.
In January the asset management company also filed with the SEC for approval on a Web 3-focused ETF.